523 BELVEDERE CLEARWATER Road, North Augusta, SC 29841
$725,000
Property Type:
Commercial Sale
Square Footage:
7,450
Lot Size (sq. ft.):
46,696
Status:
Closed
Current Price:
$725,000
List Date:
5/22/2024
Last Modified:
12/29/2024
Description
Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner.
There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25.
The property includes a parking lot with ample parking and lighting, as well as significant signage opportunities to enhance visibility. Situated between two main roads (Hwy 25 and I-520) and close to North Augusta and the Highland Springs development, this strip center is well-positioned for increased rental income and long-term appreciation in the thriving Central Savannah River Area (CSRA).
Parcel ID's:
012-06-12-005
012-06-12-006
012-06-12-007
012-06-12-008
012-06-12-009
More Information MLS# 529442
Contract Info
Triple Net Y/N: No
Tenancy: Multiple
Property Sub Type: Office
Sold Price: $725,000
List Date: 2024-05-22
Status: Closed
Current Price: $725,000
Original List Price: 785000
Location, Tax & Legal
Parcel Number: 0120612009
Street #: 523
Street Name: BELVEDERE CLEARWATER
Street Suffix: Road
County: Aiken
State: SC
Zip Code: 29841
MLS Area Major/Quadrant: Aiken (1AI)
Subdivision Name: None-1ai
General Property Info
Lot Size Acres: 1.072
Zoning: UD
Lot Size Dimensions: 231' x 193'
Total SqFt: 7450
Living Area Source: Public Records
# Retail SqFt: 7450
List Price/Acres: 733644.86
List Price/SqFt: 105.37
Year Built: 1973
Remarks & Misc
Directions: This value-ad strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25. This property has easy and convenient access for customers and tenants as it is just minutes from downtown North Augusta, a 10-minute drive to downtown Augusta, GA, and 20 mins to Aiken, SC.
Public Remarks: Meybohm Commercial is proud to present 513-523 Belvedere Clearwater Road in North Augusta, SC, a prime value-add investment opportunity strip center for sale. This concrete building with a brick veneer, built in 1973, features six units ranging from 700 to 1,950 sq ft, all on month-to-month leases, allowing for flexible lease renewals and potential rent increases. Tenants handle their own utilities, reducing overhead costs for the owner.
There is an immediate opportunity to increase the 4 MTM retail tenants rent and add additional leases in the two spaces that the seller previously occupied totaling around 3,450 sq ft, will now be available for the new owner to occupy or lease to tenants at market rate. (The last brick space on the right is not part of the sale). This value-add strip center features five parcels totaling 1.08 acres, located at the corner of Belvedere Clearwater Road and Belair Road, between I-520/Palmetto Parkway and Edgefield Road/Highway 25.
The property includes a parking lot with ample parking and lighting, as well as significant signage opportunities to enhance visibility. Situated between two main roads (Hwy 25 and I-520) and close to North Augusta and the Highland Springs development, this strip center is well-positioned for increased rental income and long-term appreciation in the thriving Central Savannah River Area (CSRA).
Parcel ID's:
012-06-12-005
012-06-12-006
012-06-12-007
012-06-12-008
012-06-12-009
Status Change Info
Sold Price/ Acres: 677570.09
Sold Price/SqFt: 97.32
Pending Date: 2024-09-24
Sold Price: $725,000
Closed Date: 2024-11-21
Current Use
Commercial: 1
Office: 1
Retail: 1
Business Type
Professional/Office: 1
Retail: 1
Strip Center: 1
Possible Use
Commercial: 1
Office: 1
Retail: 1
Structure Type
Retail: 1
Office: 1
Parking Features
Parking Lot: 1
Paved: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Underground Utilities: 1
Water Connected: 1
Water Source
Public: 1
Improvements
Curbs: 1
Sewer
Public Sewer: 1
Exterior Features
Lighting: 1
Lot Features
Corner Lot: 1
Level: 1
Rectangular Lot: 1
Road Frontage Type
State Road: 1
Road Surface Type
Asphalt: 1
Paved: 1
Restrictions
Right of Way: 1
Underground Utilities: 1
Land Options
Included: 1
Possession
Close Of Escrow: 1
Showing Requirements
Call Listing Agent: 1
Restricted Hours: 1
Listing Terms
Cash: 1
Conventional: 1
Property Features
Business Type: Professional/Office; Retail; Strip Center
Current Use: Commercial; Office; Retail
Possible Use: Commercial; Office; Retail
Structure Type: Retail; Office
Parking Features: Parking Lot; Paved
Utilities: Electricity Connected; Sewer Connected; Underground Utilities; Water Connected
Improvements: Curbs
Exterior Features: Lighting
Lot Features: Corner Lot; Level; Rectangular Lot
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: State Road
Road Surface Type: Asphalt; Paved
Restrictions: Right of Way; Underground Utilities
Land Options: Included
Possession: Close Of Escrow
Showing Requirements: Call Listing Agent; Restricted Hours
Listing Terms: Cash; Conventional
Documents
Listing Office:
Meybohm Commercial Properties
Listing Agent:
Danielle Meikrantz
Last Updated: December - 29 - 2024
Information deemed reliable but not guaranteed.

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